Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
KKR Announces Investment in Avida
- Client News
- February 21, 2020
Paul, Weiss is representing Kohlberg Kravis Roberts & Co. (KKR) in its investment into Avida Holding AB and its subsidiary Avida Finans AB, a credit market company that offers financial solutions and services. Stockholm-based Avida currently operates in Sweden, Norway and Finland and has a customer base of over 75,000. The transaction is structured as a primary subscription tranche followed by a non-regulated tender offer, each subject to customary closing conditions. The deal is expected to close during the third quarter of 2020.
The Paul, Weiss team included, among others, corporate partner Mark Bergman.